
Drewry: World Container Index down for yet another week, But 41.2% higher than last year
Drewry’s
composite World Container Index decreased by 0.5% to $7,727.84 per 40ft
container this week.
Drewry’s
detailed assessment for Thursday, 5 May 2022
The
composite index decreased by 0.5% this week, but, remains 41.2% higher than a
year ago.
• The
average composite index of the WCI, assessed by Drewry for year-to-date, is
$8,830 per 40ft container, which is $5,524 higher than the five-year average of
$3,306 per 40ft container.
• Drewry’s
World Container Index composite index decreased by 0.5% to $7,727.84 per 40ft
container, but is 41.2% higher than the same week in 2021.
Rotterdam
dropped 2% or $212 to $9,987 per feu. However, rates on Rotterdam – Shanghai
gained 2% or $34 to reach $1,451 per 40ft box. Similarly rates on Rotterdam –
New York grew 4% to reach $7,212 per
40ft
container. Rates on Shanghai – Genoa, Shanghai –
Los
Angeles, Los Angeles – Shanghai, Shanghai –
New York
and New York – Rotterdam hovered around previous weeks level. Drewry expects
spot rates to remain stable in the coming weeks.